Chevron Cash Payments to Venezuela Approved Amid Sanctions Adjustments

“`html US⁢ Allows Venezuela Oil payments in Cash, Lifting “Crude ⁣for Debt” Restrictions The US government is easing restrictions on Chevron‘s operations in Venezuela, allowing the company to pay the Venezuelan ⁢government in cash for oil purchases, a important shift from ⁢the ⁢previous “crude for debt” arrangement. This change aims to streamline⁣ operations and position‍ … Read more